Finance - 2012 property tax rates - 8-5-12PUBLISHER'S AFFIDAVIT OF PUBLICATION
THE STATE OF TEXAS, County of Walker
I, Amy Lee, of the aforesaid County and State, do solemnly swear that I am
publisher of The Huntsville Item, a daily newspaper of general circulation
which has been continuously and regularly published at Huntsville, Walker
County, Texas, and is a legal newspaper and the attached notice was published
in said newspaper.
City of Huntsville 1 consecutive/subsquent dates previous
to the return day therof to wit:
On 5 -Aug 2012 On 2012
On
2012 On 2012
On
2012 On
2012
Subscribed and sworn to this 6th
(Seal)
Publisher
day of August 2012
Notary Public, Walker County, Texas
NINA HANSEN
My Commission Expires
January 27, 2013
dj
id
tr-
of
ile
yrs
we
fie
em
an
ow
ker
e is
ok!
has
)ro-
na
res -
on
lore
.(ker
ster
call
to
+ter -
The
)un -
ung
rens
ruse
ues-
ma-
'any
pro -
t the
?Life
at
ialk-
du.
verve
ard-
9mic
reli-
tion-
1&ill
U.S.
of
the
niers
!erat-
f the
rrslty,
?wide
Swig e-anQ"gora"-menaez-au (930) G94-11VG.
2012 Property Tax Rates in
Huntsville City
,ice concerns 2012 property tax rates for Huntsville City. It presents information about three tax rates. Last year's tax rate
;actual rate the taxing unit used to determine property taxes last year. This year's effective tax rate would impose the same
1 taxes as last year if you compare properties taxed in both years. This year's rollback tax rate is the highest tax rate the taxing
Unit can set before taxpayers can start tax rollback procedures. in each case these rates are found by dividing the total amount of
taxes by the tax base (the total value of taxable property) with adjustments as required by state law. The rates are given per 5100
of property value.
Last year's tax rate:
Last year`s operating taxes
Last year's debt taxes
Last year's total taxes
Last year's fax base
Last year's total tax rate
This year's effective tax rate:
Last year's adjusted taxes
(after subtracting taxes on lost property)
+This year's adjusted tax base
(after subtracting value of new property)
=This year's effective tax rate
This year's rollback tax rate:
Last year's adjusted operating taxes
(after subtracting taxes on lost property and adjusting for any
transferred function, tax increment financing, state criminal
justice mandate and/or enhanced indigent health care
expenditures)
+This year's adjusted tax base
=This years effective operating rate
x1.08 = this year's maximum operating rate
+This year's debt rate
=This year's rollback rate
-Sales tax adjustment rate
=Rollback tax rate
Statement of Increase/Decrease
if Huntsville City adopts a 2012 tax rate equal to the effective tax rate of 0.380600 per $100 of value, taxes would increase
compared to 2011 taxes by $ 16,739.
Schedule A: Unencumbered Fund .Balances:
The following estimated balances will be left in the unit's property tax accounts at the end of the fiscal year. These balances 'are
not encumbered by a corresponding debt obligation. e
Balanc
Type of Property Tax Fund Balance
General Fund 564,933
Debt Service.Fund 294,758
8
Street Fund 1
The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid
Schedule B:2012Debt Service:
from property tax revenues (or additional sales tax revenues, if applicable).
52,996,761
51,930,715
54,927,476
$1,086,187.058
0.391500%5100
54,209,620
51,105,930,194
0380600/51.00
54,679,019
51,105,930,194
0.423000/5100
0.456800/5100
0.156700/5100
0.613500:5100
A hospital district or city that collects the additional sales tax to reduce property taxes,
including one that collects the tax for the first time this year, must insert the following
lines:
0.189100/$100
0.424400/5100
Description of Debt ment Interest to be Paid
to be Paid cipal /from Propertr Contract y Taxes from Property Taxes
1,477,000 572,501
Capital Projects
Other Amounts
to be Paid
0
Total required for 2012 debt service
Amount (if any), paid from funds listed in Schedule
Amount (if any) paid from other resources
Excess collections last year
Total to be paid from taxes in 2012
Amount added in anticipation that the unit will collect only 100.000000% of its taxes in 2012
Total Debt Levy
Schedule C - Expected Revenue from Additional Sales Tax
(For hospital districts, cities and counties with additional sales tax to reduce property taxes)
In calculating its effective and rollback tax rates, the unit estimated that it will receive $ 2,136,004 in additional sales and rise tax
revenues. For County: The county has excluded any amount that is or will be distributed for economic development grants from
this amount of expected sales tax revenue.
This notice contains a summary of actual effective and rollback tax rates' calculations. You. can inspect a copy of'the full
calculations at 1819 Sycamore, Huntsville, TX 77340.
Name of person preparing this notice:Staree i1 Poteete
Title: Assistant Chief A rise
Date prepared: gur_ t� _2 _201
Total
Payment
2,049,501
52,049,501
5280,000
50
50
51 769,501
50
51,769,501
Draisal District
P.O. Box 1798 / 1819 SYCAMORE
HUMSVILLE TX 77342-1798
e: (936) 295-0402 Fax: (936) 295-3061
www.walkercountyappraisal.com
'august 2, 2012
9
Jegal
tssified
u,
rr/. Poteete
CHIEF APPRAISER
Raymond A. Kiser
ASSISTANT CHIEF APPRAISER
Stacey M. Poteete
Appraisal District
P.O. Box 1798 / 1819 SYCAMORE
HUMSVILLE TX 77342-1798
PHONE: (936) 295-0402 Fax: (936) 295-3061
www.walkercountyappraisal.com
Please publish the attached Notice on:
August 2, 2012
Sunday, August 5, 2012
09,
I „I
Must Not Appear in Legal
Must Not Appear in Classified
Thank You,
Stacey r Poteete